Vernon Building Society Children's Savings Accounts
If you or your child is under then aged of 21, you could invest funds in one of the three Vernon Building Society children's savings accounts. Offering flexibility and competitive rates, Vernon Building Society children's savings accounts are a great way to prepare for your child's future.
For those aged 11 and under, the Young Investor account offers:
- Interest paid twice a year
- Penalty-free withdrawals
- Free entry into a Vernon Building Society competition each year
There are other Vernon Building Society children's savings accounts for older children, including the High Impact account for 12 to 16 year olds. The benefits include:
- High rates of interest
- Minimum initial deposit of just £5
- Easy access to funds, both for deposits and withdrawals
And those aged 16 to 21 can open an Advantage account, which allows customers to:
- Enjoy a 1% bonus if no funds are withdrawn for a full year
- Earn interest from the day money is deposited
- Start saving with just £5 minimum deposit
|Provider||Junior ISA Provider||Regular Savings||Investment Options||Online Valuations||More Info|
|Charles Stanley Stocks & Shares Junior ISA||Charles Stanley Direct offers a Stocks and Shares Junior ISA with no initial charges or additional annual fees. Choose from a range of investments including shares, funds, gilts, bonds, investment trusts and ETFs.||More Info >|
|Scottish Friendly My Select Junior ISA||A selection of eight funds to choose from, so you can tailor your child's investment||More Info >|
|One Family Junior ISA||Apply online and receive a £30 Amazon e-voucher (T&C;’s apply – see OneFamily website for details). The OneFamily Junior ISA helps you to invest for your child’s future. It could help towards going to uni, driving lessons or perhaps helping to pay for a flat of their own.||More Info >|
|Junior Stocks and Shares ISA||FREE Children's ISA Guide. Choose from over 2,500 unit trusts and OEICs from leading fund managers. Invest from £25 per month or lump sums of £100.||More Info >|
|Shepherds Friendly Junior ISA||A range of assets including UK and global shares, bonds and cash||More Info >|
Important Risk Information:
This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested.
Investments in Stocks & Shares ISAs do not contain the same degree of capital security as investments in deposits. Stocks and shares ISAs are designed as medium to long term investments of, for example, five years or more. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.
Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.